China"s Wen urges more support for growth

BEIJING (Reuters) - China's premier called for additional efforts to support growth on Sunday, signaling Beijing's willingness to take action after a recent series of economic indicators suggested that the world's second-biggest economy will slow further .....»»

Cat: top[Via: reuters]15 hr. 53 min. ago Related News

What The Latest Data Is Telling Us About The Global Economy

Monthly data reported in the last week was mixed, due to revisions in the prior month's data. Retail sales were up, just barely. There was no consumer inflation. Housing permits fell sharply, but only because the prior month's numbers were revised even mo.....»»

Cat: top[Via: businessinsider]16 hr. 51 min. ago Related News

Is Mexico The New Safe Haven Investment?

By Emerging Money: by Joseph Hogue The Central Bank recently revised its growth outlook upward for the Mexican Economy to 3.25-4.25% for the year, a revision of 25 basis points. The monetary authority maintained expectations for inflation between 3-4% .....»»

Cat: top[Via: seekingalpha]19 hr. 16 min. ago Related News

U.S. Economy: Why The Looming Fiscal Cliff Matters

By Eric Parnell:Worries about a potential slowdown in the U.S. economy are being compounded by the threat of the U.S. economy careening off of a fiscal cliff at the end of the year. Supposing the economy begins to reverse course to the downside in the com.....»»

Cat: top[Via: seekingalpha]20 hr. 17 min. ago Related News

Putin"s economic plan: "great leap" into the unknown

Newly-inaugurated President Vladimir Putin has set hugely ambitious targets to catapult the Russian economy into the modern era but their realism remains in doubt despite a benign short-term outlook......»»

Cat: top[Via: yahoo]20 hr. 49 min. ago Related News

Trade and inequality: New insights from Brazil

Elhanan Helpman, Oleg Itskhoki, Marc Muendler, Stephen Redding, 20 May 2012What effect trade on inequality? This column presents a unique study examining wage inequality in Brazil after liberalisation. Starting from a closed economy, the column finds that.....»»

Cat: blog[Via: voxeu]May 19th, 2012Related News

Obama says euro zone crisis threatens global economy

CAMP DAVID, Maryland (Reuters) - U.S. President Barack Obama, wrapping up the G8 summit he hosted at Camp David, said on Saturday that the euro zone crisis was threatening the world economy but welcomed Europe's new focus on jobs and growth as a potential.....»»

Cat: top[Via: yahoo]May 19th, 2012Related News

World leaders back Greece, vow to combat financial turmoil

CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis. A summ.....»»

Cat: top[Via: yahoo]May 19th, 2012Related News

A Miserable Week Leaves Stocks Down 4%

Shares are pummeled by Facebook's mediocre debut, bad news about Europe, and little encouragement for the U.S. economy......»»

Cat: top[Via: barrons]May 19th, 2012Related News

Economic View: How National Belt-Tightening Goes Awry - Economic View

An overextended family can solve its problems by cutting spending, increasing savings and paying down debts. But such belt-tightening doesn?t work as a metaphor for the national economy......»»

Cat: personnel[Via: nyt]May 19th, 2012Related News

Statement by G8 leaders on the global economy

(Reuters) - Following is the text of a statement on the global economy from the Group of Eight leaders gathered at the presidential retreat in Camp David, Maryland. The text was issued by the White House. Our imperative is to promote growth and jobs. The .....»»

Cat: top[Via: yahoo]May 19th, 2012Related News

G8 leaders back Greece in euro zone, call growth "imperative"

CAMP DAVID, Maryland (Reuters) - G8 leaders said Saturday it is "their imperative" to promote growth and jobs to reinvigorate the global economy, and gave their backing to Greece remaining in the euro zone. "We agree on the importance of a strong and cohe.....»»

Cat: top[Via: yahoo]May 19th, 2012Related News

NewsWatch: U.S. investors hang on Europe after bruising week

After the worst week of the year for U.S. stocks, investors will be looking for signs of whether the U.S. economy can continue to recover in the face of ongoing uncertainty about Greece, Spain and global growth prospects......»»

Cat: top[Via: marketwatch]May 19th, 2012Related News

The Economy Grows Under The Shadow Of Recession

By Steven Hansen:This past week I have continued to ponder my friend Lakshman Achuthan's renewed recession call where he stated: For the past three months, year-over-year real personal income growth has stayed lower than it was at the start of each of t.....»»

Cat: top[Via: seekingalpha]May 19th, 2012Related News

DEUTSCHE BANK: "Weakness In Services Spending Has Been Unprecedented"

Deutsche Bank's Joe LaVorgna is still not ready to push the panic button on the economy. In his latest macro note, he homes in on what is likely causing GDP to drag: Services spending.  "Weakness in services spending has been unprecedented: the data .....»»

Cat: top[Via: businessinsider]May 19th, 2012Related News

Is GOP trying to sabotage economy to hurt Obama?

Are Republican lawmakers deliberately stalling the economic recovery to hurt President Barack Obama's re-election chances? Some top Democrats say yes, pointing to GOP stances on the debt limit and other issues that they claim are causing unnecessary econo.....»»

Cat: top[Via: yahoo]May 19th, 2012Related News

RAY DALIO: America Is Executing A "Beautiful Deleveraging"

Barron's Sandra Ward recently scored an interview with Ray Dalio, one of the world's most successful yet secretive hedge fund managers. Dalio offers his view of the global economy and markets including his take on Europe, U.S. Treasuries, and gold. Howeve.....»»

Cat: top[Via: businessinsider]May 19th, 2012Related News

Obama urges lawmakers to defend Wall Street reform

US President Barack Obama urged members of Congress on Saturday to defend Wall Street reform, arguing the recovering US economy cannot take the risk of lax oversight over the financial sector......»»

Cat: top[Via: yahoo]May 19th, 2012Related News

FINALLY: American Business Sentiment Has Turned Bullish

Global business sentiment remains bearish but has improved since January, according to The Economist/FT survey of over 1,500 senior executives, conducted by the Economist Intelligence Unit. The balance of respondents who think the world economy will pick .....»»

Cat: top[Via: businessinsider]May 19th, 2012Related News

Weekly Review: Economy Continues to Grow Under the Shadow of Recession

This past week I have continued to ponder my friend Lakshman Achuthan's renewed recession call where he stated : For the past three months, year-over-year real personal income growth has.....»»

Cat: economy[Via: nasdaq]May 19th, 2012Related News